Tag: Department of Budget and Management

Corruption and inflation may have cost the Philippine economy an estimated P2.75 trillion over the 12 months to the second quarter of 2026, Senate President Sherwin Gatchalian said Thursday, as lawmakers launched an inquiry into the country’s slowing growth and weakening investment.

The Bangko Sentral ng Pilipinas (BSP) wrapped up its annual Economic and Financial Learning Program in Legazpi City this week, delivering two days of practical financial education to over 2,400 students and teachers while signaling a broader policy shift toward long-term behavioral change in financial inclusion.

The Department of Agriculture confirmed Thursday it may use P9.7 billion in Special Allotment Release Orders to support farmers and fisherfolk facing rising fuel prices and the expected severe effects of El Niño.

The government lifted the looming ban on Discord following productive negotiations on online safety compliance and child protection standards. The decision, announced Thursday by the Department of Information and Communications Technology (DICT) and the Cybercrime Investigation and Coordinating Center (CICC), prevents a prolonged shutdown of the popular messaging platform in the country.